Agenda
Day 1
May 21, 2025
8:45 am
Co-Chairs’ Remarks
9:00 am
9:30 am
Oil & Gas Trade and Sanctions Compliance in the “Trump 2.0 Era”: Companies Share How They Are Tackling New Risks and Compliance Hurdles
Matt AxelrodPartnerGibson DunnFormer Assistant Secretary for Export Enforcement, Bureau of Industry and Security, U.S. Department of Commerce
Cristina LundersSenior Counsel, Regulatory ComplianceBP
Lennox ReidManaging Executive – International Trade ComplianceBaker Hughes
- How to know if your compliance infrastructure is agile and ready to evolve amid rapid changes
- As trade relations between the United States and China intensify, how will the oil and gas industry evolve its supply chains to comply with rapidly evolving global trade controls, including tariffs? What are the emerging risks and mitigation strategies?
- How will the U.S.’s strengthened export controls on equipment, technology, and data impact oil & gas project profitability?
- How will the oil and gas industry weather retaliatory trade controls from China and around the globe? What about reciprocal tariffs?
- Will we see a thawing regarding Russia? What will be the operating assumptions of the oil and gas trade? Will the administration strengthen its hold on Russia to boost domestic production?
- How will E.U. and U.K. regulators react and how will it shape your strategies for trade compliance?
- What is the outlook on how the Trump Administration will handle sanctions on Venezuela, Iran, and other similar jurisdictions?
10:30 am
Extended Networking Break
11:00 am
11:30 am
Managing New Global Trade Compliance and Supply Chain Challenges —from Tariffs, Export Controls and Sanctions to Retaliatory Trade Measures
Gabriella NealGlobal Sanctions Counsel & ComplianceHalliburton
Melanie FrankLegal Director, Trade ComplianceTechnipFMC
Ellen SmithCEO/PresidentAmalie Trade Consulting LLC
- An overview of the U.S. tariff regime, including IEEPA tariffs, Section 232 and Section 301 tariffs
- A focus on China, Mexico, Canada, and global updates in tariffs, sanctions, and export controls
- The evolving trade compliance and supply chain risks posed by tariffs, sanctions, export controls, retaliatory trade measures, and other regulatory restrictions
- Practical considerations for addressing the potential impact of tariffs on global supply chains
- Due diligence processes for screening of customers, suppliers, and other third-party partners to comply with evolving sanctions and export control requirements
- Classification, Valuation and Country of Origin considerations and strategies for managing compliance with evolving trade measures
12:30 pm
Networking Lunch
1:45 pm
Solutions To Screening Problems: Effectively Tailoring Your Screening Program to Your Needs and Evolving Risks
Steven SmartAssociate General Counsel, ComplianceEnerflex
Josh WallensteinFounder & Managing MemberWallenstein Law Group
- Making sure your program is right-sized, flexible, and aligned with your business
- Identifying and addressing emerging gaps in screening programs
- Going beyond traditional restricted party screening to address a broader range of business needs
- Leveraging limited resources to implement an effective program
2:30 pm
Trade Finance Risks in the Oil & Gas Industry: How Banks Re-Evaluating Export Transaction and Sanctions Risks and Changing Due Diligence Requirements
Clay StevensonHead of SanctionsSantander U.S.
Robert PattersonHead of Sanctions Investigations, DirectorSociété Générale S.A.
Evan AbramsPartnerSteptoe
- How are financial institutions strengthening their due diligence processes to detect and mitigate risks associated with sanctioned entities and high-risk jurisdictions?
- What are the hurdles to securing financing? A closer look at the banks’ risk appetites
- What’s happening on the “other end of the deal?”
- How oil and gas companies should prepare for due diligence requirements from bank— Financial industry due diligence practices and best methods to address concerns
- Ensuring compliance across your international footprint
3:15 pm
Networking Break
3:30 pm
Satisfying New, Evolving Russia Sanctions Compliance and Screening Requirements: Aligning Your Program to Varying U.S., E.U. and U.K. Restrictions
Iris KleinekorteHead of ComplianceMonjasa(Denmark)
Elyse MartinOf CounselMorrison Foerster
David GiatAmericas Manager, Risk and ComplianceDow Jones
- The real-life compliance and business impact of the latest sanctions targeting Russia’s energy sector, including measures against major oil producers and the “shadow fleet” of tankers facilitating oil exports over the price cap
- Comparing and contrasting the sanctions regimes of the U.S., EU, and the U.K.: Identifying differences and overlaps impacting compliance strategies for oil & gas
- Building effective screening processes to mitigate risks: Effective screening processes for multi-jurisdictional compliance
- The path forward should sanctions against Russia be eased
4:15 pm
The New Realities of Doing Business in Venezuela – Staying Ahead of Evolving Sanctions and Reducing Your Exposure Across Your Oil & Gas Operations
Larry HansonOf CounselSandler, Travis & Rosenberg P.A.
- The latest sanctions on Venezuela’s oil and gas sector and PDVSA, and strategies for aligning compliance programs with international requirements
- Approaches to structuring transactions, reducing risk of sanctions violations, and adapting operations
- Strategies for resilience and flexibility amid regulatory and operational uncertainties in Venezuela’s oil & gas sector
4:45 pm
Autonomous Vehicles, Drones, Semiconductors, AI, and Technology Transfers: The Finer Points of Applying ITAR and EAR Requirements to Advanced Oil & Gas Technology
Alexandra LandisSenior Counsel, Director of Compliance and Export ControlsPalladyne AI
Larizza SengGlobal Trade Compliance ManagerScientific Drilling
David LevineCounsel, Global Trade & InvestmentWillkie Farr & Gallagher LLP
- How oil & gas supply chains are impacted by evolving controls on semiconductors, advanced computing and dual-use technologies, AI, and technology transfers
- Criteria for classifying advanced oil & gas technologies under ITAR and EAR
- Best practices for data classification, storage, and end-use monitoring
- Ensuring compliance with ITAR and EAR in the context of AI and machine learning oil & gas applications
- Designing compliance programs to the heightened risks associated with advanced technology exports
5:30 pm
Conference Adjourns
Day 2
May 22, 2025
8:55 am
Co-Chairs’ Remarks
9:00 am
The Delicate Balance of Doing Business in Partially Sanctioned Jurisdictions: Determining Your Comfort Level, Risk Tolerance and the Compliance Strategy for Your Oil and Gas Project
Elizabeth FitzpatrickVice President and General Counsel, Trade and Chief Export CounselHoneywell
Soo-Mi RheePartnerArnold & Porter
Through complex, hypothetical scenarios and anonymous audience polling, our expert speakers will walk you through high stakes, sensitive issues and offer actionable strategies for addressing them. Attendees will benefit from enhanced benchmarking via audience polling—an invaluable opportunity to compare notes. Leave this session with a deeper understanding of how to craft agile compliance strategies that fit your organization’s comfort level and risk tolerance.
10:00 am
The Middle East – Iran, Syria, and New Emerging Red Flags Affecting Your Organization’s Risk Profile: New Sanctions, Shadow Fleets, and Diverted Transshipment Risks
Stuart McLanahanDirector, Global Trade ComplianceAmerican Bureau of Shipping
Brad KrugelTrade Compliance AdvisorShell
Lindsey RoskopfPartnerMcGinnis Lochridge
- The latest U.S. sanctions on Iran and Syria, their impact on the oil and gas industry, and how to stay in compliance
- A review of red flags to watch for like unusual shipping routes, ship-to-ship transfers, involvement with unregulated “shadow fleet” tankers
- Best practices for strengthening third party and supply chain due diligence and monitoring as the geopolitical landscape continues to change
- How to mitigate the impact of regional instability on your operations
11:00 am
Networking Break
11:30 am
The Finer Points of Achieving Multi-Jurisdictional Trade & Sanctions Compliance: How to Incorporate Global Requirements into a Cohesive, Effective Program
Nathalia Ramos MattosDeputy Compliance OfficerEcopetrol
Lindsay HammingaSenior CounselEquinor
James MinManaging PartnerLMD Trade Law PLLC
- Where the U.S., EU, U.K., and other sanctions and trade controls regimes overlap and where they differ
- Harmonizing due diligence, risk assessment, and screening practices to ensure multi-jurisdictional compliance
- Global trends in enforcement and new, heightened risks affecting oil & gas
- Ensuring that your compliance program is agile and ready to adapt in a rapidly evolving regulatory and enforcement environment
12:30 pm
Networking Lunch
1:45 pm
Shipping & Maritime Risks Under the Microscope: Russia’s Growing Shadow Fleet, Deceptive Practices and Other Risks Hitting Oil & Gas Exporters
Randell GeuyHead of Legal and ComplianceUnipec America, Inc.
Jonathan EpsteinPartnerHolland & Knight
Claudia Botero GötzSenior LawyerGard AS
- Avoiding high-risk vessels in oil & gas exports – the latest on the shadow fleet transporting oil above the price cap
- How to identify and counter deceptive shipping practices such as ship-to-ship transfers, falsified documentation, and unusual shipping routes
- Leveraging advanced technologies like AIS tracking, AI-powered automated screening and risk analytics to keep in step with sanctions and export control regimes worldwide
2:30 pm
Denied and Restricted Party Screening: New Innovations for Ensuring Your Systems Are Keeping up with BIS, OFAC and International List Changes
Gregory MassaGlobal Director for Partner EngagementKreller(Federal Bureau of Investigations – Retired)
Michael CarrSenior Director Customs BrokerageCrane Worldwide Logistics
- Keeping up with frequently updated restricted party lists and ensuring that your systems are quickly updated
- Using AI and other advanced technologies to ensure continuous screening and monitoring based on BIS, OFAC, and global restricted lists
- The lengths and limits of AI: To what extent can you rely on AI generated results?
- Actionable takeaways for upgrading screening processes: Identification, classification, validation and verification
- Dealing with potentially false positives: How to ensure that you make the right call
3:15 pm
Networking Break
3:30 pm
New Approaches to Employee Training and Internal Corporate Communications: Real Life Examples of Successful Initiatives that Have Driven Compliance Buy-In
Justine LinAssociate General Counsel, TradeWeatherford
Eric WilsonDirector, ComplianceHelmerich & Payne
- Concrete examples of dynamic training programs that enhance employee awareness of trade and sanctions compliance risks in oil & gas
- Online vs. In-Person: Determining the most effective and efficient delivery format
- Successful internal communications programs using multi-channel strategies to reach globally distributed teams (some in extremely remote locations)
- Fostering and sustaining a culture of compliance amid business, sales and other pressures
- Oil & gas industry specific KPIs to measure the effectiveness of training (and re-training) programs
4:15 pm
Conference Co-Chair’s Closing Remarks
4:30 pm